MP Materials Investor Conference Presentation Deck
MP Materials Overview
Our Mission is to restore
the full rare earth supply chain to
the United States
Mine
Beneficiation Plants
Stage I
Complete
Mixed Rare Earth
Concentrate
Refining
Plant
Metallurgy
MP MATERIALS
Stage II
2022
Separated Rare
Earth Oxides
Magnet Making
Stage III
2023/2025
Rare Earth Alloy/
Rare Earth Magnets
Rich Rare Earths History at Mountain Pass
~70 years
Since Production Started at Mountain Pass
Vast, High-Grade Reserve
1.73M mt tREO
Estimated Contained Reserves
Stage I: Largest Ex-China Producer of REOS
-15% Market Share
of global REO produced in 2021
Stage III: Downstream Expansion
Announced Fort Worth facility with
GM as a Foundational Customer
Operating Results
-$2.0B
Capital Invested Since 2010
Stage II: Optimizing Refining Capability for Separated REOS
-6,075 mt NdPr, 20,000+ mt TREO
Expected Run-rate Annual Production by end of 2023
43,392mt
Production Volume REO
LTM thru 3/31/22
>6% ore grade
World-Class Reserve
$438m
Revenue
LTM thru 3/31/22
Buy, Build and/or JV
$318m
Adj. EBITDA
LTM thru 3/31/22
9View entire presentation